Katherine has decided to split guardianship of Michael Jackson’s three children with her grandson TJ! Read on for all the details!

“It was agreed by all that it is in the best interest of Mrs. Jackson and the children to file a modified joint pleading at the beginning of next week,” Perry tells TMZ of his client’s plans to share guardianship with her grandson TJ Jackson, son of Tito Jackson.

“That pleading will essentially now legally reflect how Mrs. Jackson and TJ have often shared responsibilities of raising the children since Michael Jackson’s tragic passing,” her attorney added, claiming the new arrangement “reflects the wishes of [Michael Jackson’s] children.”

The Jackson family feud allegedly started over the fact that a number of Michael’s siblings were not pleased with the way the executors of his estate were handling Michael’s money. But this new agreement would reportedly still “empower” Katherine to control the family’s allowance — equalling $70K per month, so nothing changes monetarily.

What does change is that Katherine will have less responsibilities such as managing the large staff that comes with raising such high profile children.

“It will also make clear for school personnel and anyone else coming into contact with the children that TJ is authorized to act on their behalf,” Katherine’s lawyer continues. “Mrs. Jackson will then be freed up to focus on the more personal everyday decision making related to the lives and activities of the children.”

It must be noted that when Katherine passes, it seems that TJ would take SOLE guardianship of the children if they are still minors at the time.

Katherine’s lawyer concludes by saying, “Mrs. Jackson is extremely pleased with the prospect of enjoying the pleasure of raising Michael’s children without the day-to-day tedium of items such as managing the large staff that goes with such a high profile family and focus her attention on being a grandmother and raising Michael’s children.”

View Comment

Dana Sisk

Posted at 2:19 PM on July 27, 2012

In MJ’s will He stated his mother was to get custody and if not her then Diana Ross. So how are they able to sidestep that portion of the will? TJ wasn’t named anywhere in the will to have custody of MJ’s kids. I guess since he is dead they don’t really care what his wishes were for his children….too bad.